New York A00175 creates a tax credit for businesses that fund tuition for students in exchange for a commitment to work for the business.

New York A00175 introduces a tax credit for businesses that develop a "college to work" program. This program involves businesses paying the tuition of individuals in exchange for the individuals committing to work for the business after graduation. The tax credit is equal to twenty-five percent of the tuition expenses, up to a maximum of five thousand dollars per year per qualified individual. The credit applies to tuition and fees paid for enrollment and attendance at an institution of higher education, along with textbook costs.

New York A00175 creates a tax credit for businesses that fund tuition for students in exchange for a commitment to work for the business.

New York A00175 introduces a tax credit for businesses that develop a "college to work" program. This program involves businesses paying the tuition of individuals in exchange for the individuals committing to work for the business after graduation. The tax credit is equal to twenty-five percent of the tuition expenses, up to a maximum of five thousand dollars per year per qualified individual. The credit applies to tuition and fees paid for enrollment and attendance at an institution of higher education, along with textbook costs.